Google adds Azure & AWS support👩🏻💻
Google adds Azure & AWS support👩🏻💻
Tata Comms raises $250 Mn, Premji in talks to acquire Nainital Bank, Rupeek may get investors, Funding Deals and more.
Welcome, dear readers, to another enlightening edition of Rise & Shine.
"If you’re going to do anything new or innovative, you have to be willing to be misunderstood."
- Jeff Bezos
Today, we delve into the realm of innovation and resilience with the insightful words of Jeff Bezos. His wisdom reminds us that the path to greatness often involves facing misunderstanding and skepticism.
Join us as we embrace the courage to chart new territories and pave the way for innovation.
Tech Updates
Google adds Azure & AWS support and enhances Cloud security with AI integration
Google Cloud will support Microsoft’s Azure and Amazon’s AWS clouds, enabling enterprises to manage their security solutions across all cloud platforms and ensuring heightened levels of security. Besides, Google will also prioritize artificial intelligence (AI) integration with existing solutions to streamline the user experience for enterprises.
Tata Comms raises $250 mn sustainability-linked loan
Tata Communications has raised a $250 million loan from ANZ, DBS, and Export Development Canada for five years under the sustainability-linked loan (SLL) framework. The company will look at the framework for long-term debt financing and refinancing of existing debt.
Premji Invest in talks to acquire a majority stake in Nainital Bank
Premji Invest, the family office of Wipro founder Azim Premji, is in talks to acquire a majority stake in Nainital Bank. Premji Invest is set to acquire around 51% stake in Nainital Bank, which is owned by public sector lender Bank of Baroda. The discussions are at an advanced stage and the due diligence process has been completed. But the final decision is yet to be made on the investment.
Ranjan Pai, Axis Bank may back gold loan startup Rupeek
Gold loan startup Rupeek is in talks with Manipal Group founder Ranjan Pai for a fresh round of equity funding. Private sector lender Axis Bank could also participate in the round.
Funding Deals
Bengaluru-based packaged foods startup Go Desi has raised Rs 41 crore (about $4.9 million) in equity investment from Aavishkaar Capital.
D2C men’s lifestyle brand DaMENSCH has raised Rs 21.62 crore (approximately $2.5 million) in its extended Series B round from existing investors. Existing investors including Matrix Partners, Saama Capital, Whiteboard Capital, and A91 Emerging Fund also participated during the round.
Fresh From Farm, a B2B2C platform for fresh fruit demand, has raised $2 million in its pre-Series A round led by Ashish Kacholia, founder of Lucky Investments. Inflection Point Ventures also participated in the round.
🚐 Short Story: The Trailblazer's Journey
In the heart of a bustling city, Sarah embarked on her journey to create something truly groundbreaking.
Despite facing skepticism and criticism, she remained steadfast in her vision, inspired by Bezos's words.
Like a pioneer carving a path through uncharted terrain, she forged ahead, fueled by the belief that innovation requires courage and resilience.
Tweet of the day🐥
As we strive for innovation and progress, let us embrace the challenges and setbacks along the way.
Thank you for joining us on this journey of exploration and growth.
Stay tuned for our next edition, where we will continue to celebrate the spirit of innovation and perseverance.
Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!
Thanks for reading till the end!
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